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Finding a new home can be one of the most stressful parts of relocating to a new country. Most expats heading to Hungary choose to live in the capital, Budapest.
Although accommodation in Hungary is typically much cheaper than in the rest of Europe, rental prices vary considerably throughout the country and even within cities, so it's worth spending time looking for a good deal.
Types of accommodation in Hungary
In Hungary, apartments are the norm in the inner city areas, while houses are more likely to be found in the suburbs or outlying rural areas.
Both furnished and unfurnished accommodation is available. Expats who intend to stay in the country permanently usually prefer to rent unfurnished accommodation in order to furnish their home to their own taste. Meanwhile, expats staying for a shorter term or uncertain amount of time often find that the convenience of furnished accommodation suits them better.
Finding accommodation in Hungary
Because of the language barrier, it is often preferable to employ the services of a letting agent; however, expats should note that the fee charged by the agent will be the equivalent of at least one month's rent, possibly up to three.
If the budget doesn't quite stretch to this, listings of available rentals can be found online and in local Hungarian newspapers.
Renting property in Hungary
Expats looking to rent accommodation in Hungary will enjoy a good quality-to-price ratio. The market isn't overly competitive so expats shouldn't struggle too much finding a suitable home.
Some landlords are happy to forgo a written contract in favour of a verbal agreement with the tenant. While this might be more convenient and expedient than a written contract, verbal agreements do not offer the same degree of security and can be susceptible to sudden changes by the landlord. Once a lease agreement has been drawn up, expats should make sure to go over their contract in detail before signing or moving in to ensure that they understand the terms and conditions of the rental.
Tenants will have to put down a security deposit before moving in. The required deposit before moving in is set and agreed upon by both parties, but usually amounts to between one and three months of rent.
The rent paid to the landlord does not include monthly fees for utilities and, in the case of apartment rentals, monthly levies. These are for the tenant's own expense.